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 Global credit rating agency AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) for Misr Life Insurance, Egypt’s largest provider of life insurance solutions. Additionally, AM Best affirmed the company’s Egypt National Scale Rating at "aaa.EG" (Exceptional). The outlook for all ratings remains Stable for the ninth consecutive year.

The rating affirmation reflects Misr Life Insurance's robust balance sheet strength, solid operational performance, disciplined enterprise risk management, and strategic role as the flagship life insurance entity within Misr Insurance Holding Company (MIHC).

Preparations for Upcoming IPO

The rating milestone comes at a pivotal juncture for Misr Life Insurance as it continues preparations for its anticipated Initial Public Offering (IPO). The agency's assessment underscores the firm's financial fundamentals and reinforces its national role in advancing Egypt's insurance and broader financial services sector.

Commenting on the affirmation, Mostafa El Kamash, Executive Managing Director of Misr Life Insurance, stated:

"AM Best’s rating confirmation is a direct reflection of the strong financial foundation and sustainable growth capacity that Misr Life Insurance has built over the years. It validates the resilience of our balance sheet, the efficiency of our business model, and the effectiveness of our risk management—the core pillars that have enabled us to maintain market leadership. We will continue to build on these strengths by innovating and developing advanced insurance products that meet our clients' evolving needs."

Financial Indicators and Market Leadership

According to AM Best, Misr Life Insurance maintained its risk-adjusted capitalization at the highest available assessment level through year-end 2025, supported by strong internal capital generation and prudent investment management across a diversified portfolio.

Market Share: Misr Life Insurance commands the largest market share in Egypt, accounting for approximately 30% of total net premiums.

Return on Equity (ROE): Recorded an estimated ROE of 28.7% in 2025.

Growth Drivers: Financial results were underpinned by expansion in the Contractual Service Margin (CSM) under Egyptian Accounting Standard No. 50 (EAS 50), alongside robust performance across its investment portfolio.